LONDON (Alliance News) - Barclays PLC Thursday detailed plans to shrink its investment bank with a new round of job cuts, while shifting billions of pounds' worth of risk-weighted assets into what it termed a non-core unit, amidst changes to the group's overall structure to boost returns. I Read More
LONDON (Alliance News) - UK shares have opened mostly higher Thursday ahead of interest-rate decisions by the Bank of England and European Central Bank and amid tentative signs of reduced tensions in Ukraine.<br /><br /><strong>BT</strong> and <strong>Barclays</strong> lead the FTSE 100 at the Read More
LONDON (Alliance News) - UK stocks are expected to open slightly higher Thursday, following a late rally on Wall Street Wednesday and a strong Asian session, and ahead of interest rate decisions from the Bank of England and European Central Bank. "A late recovery on Wall Street helped Asian Read More
LONDON (Alliance News) - UK stocks closed lower Wednesday, with the FTSE 100 ending down for a second consecutive day as investors digested some disappointing macro economic data from Asia and a batch of mixed earnings from individual UK stocks. <br /><br />The FTSE 100 ended every day of last Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>Legal & General</strong> Group, up 3.2%. The group said it expects to write more Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BARCLAYS RAISES INTERCONTINENTAL HOTELS PT TO 2100 (1900) PENCE - 'EQUAL WEIGHT <br />----------<br />CREDIT SUISSE RAISES IN Read More
LONDON (Alliance News) - The FTSE 100 lost ground Tuesday, snapping a five day winning streak as investors returned from a long weekend, over which the conflict in Ukraine continued to escalate, to some disappointing corporate news from the likes of <strong>Barclays</strong> and <strong>Balfou Read More
LONDON (Alliance News) - Barclays PLC Tuesday reported a decline in first-quarter adjusted pretax profit as it was hit by a slump in the performance of its investment bank, just two days before Chief Executive Antony Jenkins is due to present a strategic update revamping the underperforming divis Read More
LONDON (Alliance News) - US stocks are set to open flat to modestly higher Tuesday, extending the small gains posted on Monday, but with the threat of escalating tensions in Ukraine and a lack of top-tier US macro economic data, equity indices may remain within tight ranges.<br /><br />US equi Read More
LONDON (Alliance News) - <strong>AstraZeneca</strong> Tuesday set out its defence against a GBP63 billion takeover offer from US rival Pfizer Inc, urging its investors to be patient because it is set to grow quickly after it invests in its pipeline and transforms the company over the next few Read More
LONDON (Alliance News) - The following is a summary of top news stories Tuesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />British drugs company<strong> AstraZeneca</strong> PLC set out its defence against a GBP63 billion takeover offer from US rival Pfizer Inc, urgi Read More
(Correcting AstraZeneca made its statement on Tuesday.) LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>Persimmon</strong>, up 3 Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>Persimmon</strong>, up 3.6%, and <strong>Barratt Developments</strong>, up 1.8%. The h Read More
LONDON (Alliance News) - UK stocks are trading slightly lower Tuesday with a number of individual movers weighing on indices, while the pound has continued its recent strong run as data shows the UK service industry expanding faster-than-expected. By mid-morning Tuesday the FTSE 100 is down Read More